- AMD Q2 2026: strong revenue growth driven by Data Center, robust operating margins, solid free cash flow and cash balance; company issued Q3 revenue and gross margin guidance relevant for traders
- AMD said Helios AI servers with its GPUs, CPUs and networking will start shipping to Meta and OpenAI this quarter, ramp further in Q4; Microsoft, Oracle and Anthropic also agreed purchases.
- AMD beat earnings; analysts revised price targets and ratings citing AI GPU strength and data center revenue outlook, noting weaker near-term guidance relevant for traders.
- AMD shares fell after Elon Musk said SpaceX will use Nvidia chips, amid reports SpaceX beat earnings and AMD posted record sales.
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